The model and empirical estimation of the optimal flexibility of RMB exchange-rate regime: A study based on the price-stabilization

Author:

Liu Xiaohui,Fan Conglai

Publisher

Institute for Advanced Research, Shanghai University of Finance and Economics

Subject

Economics and Econometrics

Reference44 articles.

1. Aizenman J, Frenkel J A (1985). Optimal wage indexation, foreign exchange intervention, and monetary policy. American Economic Review, 75(3): 402–423

2. Aizenman J, Hausmann R (2001). Exchange rate regimes and financial-market imperfections. UCSC Dept of Economics, Working Paper, No. 493

3. Barro R J, Gordon D B (1983). A positive theory of monetary policy in a natural-rate model. Journal of Political Economy, 91(4): 589–610

4. Boyer R S (1978). Optimal foreign exchange market intervention. Journal of Political Economy, 86(6): 1045–1055

5. Devereux M B (2000). Fix, float, or single currency? The choice of exchange rate regime. CAHIER 04-2000

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